Economist Noel Perry Sees US Recession Looming in Late 2020
In the trucking, freight and logistics industry, when economist Noel Perry talks, people listen.
US Consumer Comfort Falls to Seven-Month Low on Finance Views
U.S. consumer comfort fell to the lowest level since March as ratings of the economy, personal finances and the buying climate all slumped, a potential sign of faltering in the strong support consumers are giving the expansion.
US Services Companies’ Growth Rebounds in October
WASHINGTON — Growth in the vast U.S. service sector rebounded in October after sinking to a three-year low in September, causing concern for investors and economists.
Americans Are Unhappy at Work After Years of Economic Gains
The economy has added millions of jobs and pay gains have accelerated in recent years, but Americans aren’t crazy about their work.
US Small-Business Optimism Drops to Near Lowest Mark of Trump Era
U.S. small-business sentiment fell to near the lowest level of Donald Trump’s presidency, as tariffs and economic uncertainty increasingly weigh on the outlook for owners across the country.
World Economy Signals Manufacturing Crisis
The global economy flashed clearer warning signs Oct. 1 as a wave of data showed manufacturing stuck in a slump, exports falling and sentiment sliding.
Long-Term Mortgage Rates Fall; 30-Year at 3.64%
WASHINGTON — U.S. long-term mortgage rates fell this week following a sharp rise the week before, making September the most volatile month for the key 30-year loan since March.
September 26, 2019US Economy Grew at Modest 2% Rate in Q2
The U.S. economy grew at a modest 2% annual rate in the second quarter, a pace sharply lower than the 3%-plus growth rates seen over the past year. Many analysts believe growth will slow further in coming quarters as global weakness and rising trade tensions exert a toll.
Small-Business Optimism Drops to Lowest in Five Months
Optimism among U.S. small-business owners fell in August to the lowest level in five months, with the outlook for the economy and sales slumping amid escalating trade tensions and recession fears.
Executives: Trailer Orders Down, but Robust 2018 Helped Companies Prepare for Future
A downward trend in trailer orders this year is accompanying the softening freight environment in 2019, but also follows a banner year when motor carriers stocked up on equipment they think they’ll need to navigate the next several years, fleet and manufacturing executives said.